£544,529
This estimated value is based upon the latest sale price for the house of £119,950 on 22 Jan 1999. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,950 | 22 Jan 1999 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in January 1999 the House Price Index for LEICESTERSHIRE was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £119,950 results in an estimated price of approximately £544,529.
| 22 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £119,950 | £424,579 | £544,529 |
The Postcode Pricing Model uses changes in average sales price within the LE7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 326.500 % | £391,636 | £511,586 |
| 3 Month Average | 260.342 % | £312,280 | £432,230 |
| 6 Month Average | 283.249 % | £339,756 | £459,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £783,712 | £770,000 | 1696 MELTON ROAD |
| 17 Nov 2023 | £871,401 | £858,500 | 21 GADDESBY LANE |
| 30 Jun 2023 | £293,556 | £290,000 | 11 NEW AVENUE |
| 22 Jun 2023 | £455,518 | £450,000 | 1 WESTFIELD CLOSE |
| 20 May 2022 | £234,417 | £230,000 | 1787 MELTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Tea Rose Crescent |
| Feb 2024 | Public order | Under investigation | On or near Brook Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nurseryman Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lilac Way |